CLSA has maintained sell rating on Bharat Petroleum Corporation in the long term with a target price of Rs 300. Shares of BPCL ended up 3.2% at Rs 515.2 on Friday while BSE Sensex closed 433.56 points down at 37,673.31.
Company Financials
For the quarter ended 30-06-2019, the company has reported consolidated sales of Rs 76325.39 crore, up 2.63% from last quarter sales of Rs 74367.18 crore and up 6.30% from last year same quarter sales of Rs 71805.07 crore.